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According to Fox News: The latest round of US strikes against Iran is larger than last nights operation. US and Bahraini forces shot down nine Iranian drones that were heading towards US forces in Bahrain.According to the Islamic Republic of Iran Broadcasting (IRIB): Several shells struck a village on Qeshm Island.On June 28, U.S. Central Command issued a statement saying that on June 27, under the command of the Commander-in-Chief, U.S. Central Command forces conducted additional strikes against multiple Iranian targets. Following yesterdays U.S. strikes against Iran in response to its attack on the cargo ship "M/V EverLovely," Iran had an opportunity to uphold the ceasefire agreement, but its forces launched a one-way attack drone strike this morning (4:30 AM ET on Saturday), hitting and destroying the oil tanker "M/T Kiku." The Panamanian-flagged tanker was sailing near the Strait of Hormuz at the time, carrying more than two million barrels of crude oil. Today, U.S. Central Command forces responded to Irans continued attacks on merchant ships, with U.S. warplanes striking Iranian military surveillance facilities, communication systems, air defense sites, drone storage facilities, and mine-laying capabilities. Merchant ships continue to transit the Strait of Hormuz. The U.S. military remains vigilant and ready to respond.June 28 - The United States launched a military strike against Iran on June 27 local time.June 28 - Neuberger portfolio manager Joseph Purtell said, "In the short term, the dollar is likely to remain strong due to rising US real interest rates." He believes the dollar is poised to break out of its six- to nine-month range, but added that in the long term, the dollar may weaken given structural issues such as the fiscal sustainability of the US government.

S&P 500 Index Outperforming NASDAQ Composite on Back of Strong Energy Sector

Eric Stanberg

Dec 22, 2022 16:21

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On the basis of Wednesday's pre-market trading, the main US stock indices are expected to rise. A great performance by Nike is supporting the markets, but lower Treasury rates are also contributing to some of the upward momentum.


Blue chip Dow Jones Industrial Average futures are now trading at 33367.00, up 314.00 or +0.95%, at 14:21 GMT. The tech-heavy NASDAQ Composite Index is trading at 11223.75, up 48.00 or +0.43%, while the benchmark S&P 500 Index is at 3877.25, up 28.00 or +0.73%.


Because Nike, a component of the Dow, is its strongest performer and posted an 11% rise during the pre-market session, the Dow is showing the largest gain.

Surge and Lifts Nike Dow, S&P 500

The Dow and S&P 500 are being supported by Nike's remarkable share performance. Late on Tuesday, the world's largest athletic shoe business released quarterly earnings that handily exceeded Wall Street's forecasts while also improving its outlook. The firm highlighted its achievement in reducing its sizable inventory stockpile.

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